VP of Acquisitions

This VP of Acquisitions role leads the front end of the investment pipeline, owning the evaluation and execution of new investment opportunities from initial sourcing through closing. Based in New York, the position operates with senior visibility and direct exposure to investment committee decision-making, translating market conditions and deal-specific insights into clear recommendations. The role sits at the intersection of acquisitions, underwriting, and transaction management, partnering closely with internal teams to align pre-close assumptions with post-close business plans.

Job Features

• Source and evaluate acquisition opportunities aligned with investment strategy, including broker outreach, proprietary sourcing, and relationship management
• Maintain market intelligence on pricing, capital markets conditions, and competitive dynamics to inform sourcing and underwriting
• Lead underwriting for prospective investments, building and reviewing financial analyses, valuation work, and sensitivity scenarios to support investment decisions
• Prepare and present investment memos and recommendations to senior leadership and investment committee, articulating returns, risks, and key assumptions
• Coordinate and manage transaction execution from initial review through closing, including LOIs, purchase and sale negotiations, and internal approvals
• Oversee due diligence workstreams (financial, legal, physical, and operational), synthesizing findings into actionable recommendations and risk mitigation plans
• Partner with Asset Management and Property Management to develop business plans and transition plans that align with underwriting and post-close objectives

Blackstone Real Estate is the real estate investing business of Blackstone, a global alternative asset manager. The platform invests globally across both real estate equity and real estate debt, deploying capital across strategies and major property sectors.Equity investing spans thematic strategies across the risk spectrum, including opportunistic and core-plus approaches, with exposure that includes logistics, residential, office, life science office, and retail. The debt business originates real estate loans and invests in real estate-backed debt securities, and it manages Blackstone Mortgage Trust (NYSE: BXMT), a real estate finance company focused on senior loans collateralized by commercial real estate.

Target Compensation Range

$140,000 – $600,000